Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said ...
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloomberg reports.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...
Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...
EST Elliott urges Phillips 66 (PSX) to take ‘necessary actions’ to improve operationsMaximize Your Portfolio with Data Driven ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.